MaidSafeCoin (MAID & eMAID) - Price & Trading topic (Part 2)

Did you not see the nonsense coins get ridiculous marketcaps because they had a logo with a dog with a funny hat ?

Anything and everything is possible.

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There are shitty ā€˜memecoins’ with multi billion dollar market caps. And some of you are worried about hitting $10 per ANT?! With a 1.2b supply! It’s going way higher than $10 peeps :tada:

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I am aware that no one has a crystal ball…
I don’t doubt that Ant will manage to exceed $10…the question is when…?
The person signing this email is already a few years old…and I would like to be able to enjoy my little ā€œtreasureā€ā€¦get the freedom and security that the project offers…but I would also like to get those objectives on an economic level…therefore, I questioned whether I could achieve it before I became ā€œtoo oldā€ā€¦my teeth fell out…and I was admitted to a nursing home…

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You’re right, Bux did mention them. Also, in retrospect, the web 3 project he mentioned here could just be hinting at Autonomi.

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charge_monty

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Is that Southside on his missionary campaign to liberate Scotland?

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If Omni MAID is not traded as of now and there is no liquidity, couldn’t you say it has a value of 0 until the TGE?

I ask as this could change things from a tax point of view depending on jurisdiction.

What do you guys think?

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As Emaid and Maid is a representation of the sam asset then it has the same value as Emaid.

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Except that there is the friction of KYC. The cost of that friction could exceed the value of at least some MAID converted to eMAID.

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Also the number of eMAID is a tiny fraction of the supply of MAID and has very little liquidity. Not sure that it represent the true value. I’d argue there is no value to maid because there is no market trading it, no liquidity for it.

The moment the Token Generation Event occurs MAID will have a value determined by the market.

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As Maid can be bridged to Emaid 1:1 then it has the same value as Emaid, as all Maid can become Emaid then they have the same supply, it is very simple logic.

Example if you have a note that can be swapped for 1$ then it has the value of 1$ independent if it is sold for higher/lower or 0. As long as it can be swapped for 1$ then it will represent the same value as 1$

When the ANT TGE coin is released then Emaid/Maid will get the same value as the ANT token, as they are a repesenation of ANT with a 1:1 conversion, no matter if they are sold for higher/lower or the same price as the ANT token.

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Now that the TGE is approaching (do we have an exact date yet or still ā€œlate Januaryā€?), I think it would be interesting to get a sentiment of the community of the price action right at/after the TGE.
I think the TGE might actually be disappointing in terms of price spikes and we might even see some sales pressure (any news on exchange listings btw?).
What’s yor view?

27th Jan seems to be the date (at the moment) Its been mentioned a few times now and is the end of the current beta testing.

Do not be surprised if TGE is not a instant in time, but the network goes down, work is done to prepare the persistent network and then we join the new network with TGE in place.

Maybe the network goes down on the 27th and we join hours, day or 2 days later

The over-riding mention concerning the date is the network s/w HAS to be ready for the network to survive and I am assuming the exchanges ready

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I don’t think it is possible to speculate about the price until we know what marketing efforts will be done in January and the coming months.

Sell pressure would surprise me.

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I expect a lot will depend on how attractive the network looks and feels, and on marketing efforts.

If the network is bare, hard to use, with little interesting to do with it, I doubt it’ll get people excited enough to raise expectations and therefore confidence in token price. It would also mean new people reached may have a quick look and move on.

But, if there’s some cool apps & experiences that demonstrate the utility and potential of the network, not only will existing holders be less likely to sell due to seeing more potential, but people who see the network for the first time are more likely to stick around, maybe consider building, and consider buying tokens.

It’s impossible to predict, but I wouldn’t be surprised if attention from marketing efforts causes a boost in interest and we see a bit of a price bump. But, I expect the price will do far better if the network seems impressive / useful vs seeming theoretical.

Looking forward to seeing how it all goes, and hoping for the best :slight_smile:

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This is true, yet I have told many people about Autonomi now, since beta. All have shown interest, and many want to get in on the network token at the start. They never asked to see any apps.

Some have joined to run nodes, some just went through the white-paper. Some said let me know when the TGE happens so they can buy in. Few of these people are tech-heads.

It is so much easier to sell the network now that a launch date is set. It is not hard to sell.

2 things impress them: one password is all you need, and Autonomi has the potential of being the internet 2.0.

They understand being the new and greatly improved internet might well be worth a lot in value in the future too.

They also understand that it might take a few years to get there, and at the start it will be a cloud service, with the potential to build all the apps they love and more, and way better, decentralized and secure.

They also love the pay once persistent data aspect.

I keep it simple, when talking about Autonomi, and it works.

Nothing beats word of mouth promotion.

For my part I am evangelizing converts as the opportunity arises.

So basically my marketing strategy is: can you imagine the potential of Autonomi? And most people can. (This is how I arrived on this forum almost a decade ago. And the guy doing the marketing back then was David)

To be sure, at one point in the future Autonomi will sell itself. Cheers

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What’s nice though is that now that the currency is not dependent on the network itself, the TGE can be set in stone.

Even if the network itself would be far from ready, the currency can be launched.

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I am in a similar situation. If there is a large enough price spike I may sell a little to recoup my initial investment, but beyond that I intend to hold. This project is built on fundamentals as opposed to hype. As such it should actually see a more steady inflow of interest as the network grows and develops. This is not a pump and dump though there will likely be big ups and downs.

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Why don’t you put numbers to your thoughts?

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I mean…What prices can be reached?
Price is not value…but guys…let’s talk about price!!!

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